ChainCatcher news, according to CoinDesk, the French Market Authority (AMF) announced that it will begin accepting applications for crypto asset service providers (CASP) licenses from July 1. This is the first major economy in the EU to open applications, as most of the provisions of the EU Crypto Asset Market (MiCA) rules will take effect at the end of this year.

Crypto companies need to obtain a license from the system before July 2026 to continue to provide services in the EU. It is worth mentioning that the AMF has always been welcoming to cryptocurrency companies. As of May last year, 74 companies have registered under its system. 🚀

This marks an important step for the EU in the regulation of crypto assets, providing a clearer legal framework for market participants.